Bernie Ecclestone admits F1 is in deep crisis and needs help

Bernie Ecclestone has admitted that Formula One is in crisis and he does not know how to fix it. “We should tear all of the current contracts up,” he said. “Tear them all up and start again.”
Ecclestone, looking every one of his 84 years, also conceded that the three teams who were said to be considering a boycott of Sunday’s United States Grand Prix – Force India, Sauber and Lotus – may not be racing next year. But he also insisted that he had averted the immediate threat of a boycott.
Ecclestone, F1’s supremo, said: “We have to decide the best way to sort this whole thing out. Frankly, I... read more

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